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RDP 9509: Australian Wage and Price Inflation: 1971–1994
Equation (1)
p
−
w
=
β
0
−
β
1
U
−
β
2
Δ
U
+
β
3
z
p
−
β
4
(
p
−
p
e
)
−
β
5
ϕ
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